article thumbnail

Mexico Back in the Supply Chain Spotlight

Talking Logistics

A lot of companies set up operations and sourced from Mexico back in the 90s, then the focus shifted to China and other Asian countries, and now Mexico is back in the spotlight. has a surplus of natural gas; it’s a cheap energy source that helps Mexico continue to be competitive. . Currency is stable and inflation is under control.

Mexico 168
article thumbnail

Guest Blog – How To Identify Supply Chain Barriers To Boost Efficiency?

Gravity Supply Chain

This includes everything from sourcing raw materials to ensuring that products are delivered on time and in good condition, which means short lead times, minimal customs paperwork, adequate transportation infrastructure, etc. Image source Also, numerous regulatory requirements must be met when transporting goods across borders.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Bleak Peak 2022 Leaves Shippers Feeling Less than Thankful

Intelligent Audit

Despite carrier hopes of volume normalization as the market contracts in 2023, FreightWaves warns, “ 2023 is likely to be another year of sub-replacement level builds due to parts and components shortages as well as Europe’s struggles with sourcing energy to power vendor manufacturing site. ”. YoY Volume Lapses Worry Air Cargo Companies.

Turkey 52
article thumbnail

8-Step Importing Guide For First Timers

EMERGE App

This should serve as a general framework to source products from different countries according to their strengths. We’ve got a great guide on sourcing products from China , for example. By the time you source, produce and receive the goods, the trend would have passed. International Currencies & Taxes.

article thumbnail

8-Step Importing Guide For First Timers

EMERGE App

This should serve as a general framework to source products from different countries according to their strengths. We’ve got a great guide on sourcing products from China , for example. By the time you source, produce and receive the goods, the trend would have passed. International Currencies & Taxes.

article thumbnail

Managing Supply Chain Disruptions in the Middle East

Locus

Presently, their major focus lies on local production, warehousing and strategic sourcing. The four major supply chain risks areas are: Supply risks : These are risks associated with the sourcing of raw materials. Optimize sourcing decisions. How do businesses enable strategic sourcing?

article thumbnail

How We Can Leverage Blockchain to Increase Transparency in Supply Chains

EcoVadis

Blockchain, the innovative technology that powers the digital currency market, has gained prominence since the introduction of the cryptocurrency bitcoin in 2008. Outlook of the Integration of IBM Blockchain for Maersk ( source ). Now, companies are starting to apply blockchain technology to improve supply chain management.